JMD Ventures Reports 43.9% Decline in Q3FY26 Net Profit to ₹11.33 Lakhs
JMD Ventures Limited reported disappointing Q3FY26 results with net profit declining 43.9% year-on-year to ₹11.33 lakhs from ₹20.20 lakhs. Revenue from operations fell 22.1% to ₹7.49 lakhs while total income decreased 24.3% to ₹28.88 lakhs. The nine-month performance was even weaker with net profit dropping 59.9% to ₹40.95 lakhs and revenue from operations declining 78.0% to ₹32.00 lakhs, reflecting significant operational challenges across both Music and Finance & Investment segments.
*this image is generated using AI for illustrative purposes only.
JMD Ventures Limited has submitted its unaudited financial results for the third quarter of FY26, revealing a challenging performance with significant declines in profitability and revenue. The Mumbai-based company, which operates in music and finance & investment segments, reported results that reflect ongoing business pressures.
Financial Performance Overview
The company's financial metrics for Q3FY26 demonstrate a marked deterioration compared to the previous year. Net profit declined substantially while revenue from operations also contracted during the quarter.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹7.49 lakhs | ₹9.61 lakhs | -22.1% |
| Other Income | ₹21.39 lakhs | ₹28.54 lakhs | -25.1% |
| Total Income | ₹28.88 lakhs | ₹38.15 lakhs | -24.3% |
| Net Profit | ₹11.33 lakhs | ₹20.20 lakhs | -43.9% |
Quarterly Performance Analysis
The third quarter results show a sequential improvement in profitability despite the year-on-year decline. Compared to the preceding quarter ended September 30, 2025, net profit decreased from ₹15.31 lakhs to ₹11.33 lakhs. Revenue from operations also declined sequentially from ₹12.79 lakhs to ₹7.49 lakhs, indicating ongoing operational challenges.
Total expenses for the quarter stood at ₹12.70 lakhs compared to ₹12.23 lakhs in the corresponding quarter of the previous year. The company maintained its tax efficiency with current tax expenses of ₹4.85 lakhs against ₹5.72 lakhs in Q3FY25.
Nine-Month Performance
For the nine-month period ended December 31, 2025, JMD Ventures reported significantly weaker performance across key metrics:
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹32.00 lakhs | ₹145.64 lakhs | -78.0% |
| Other Income | ₹64.18 lakhs | ₹81.12 lakhs | -20.9% |
| Net Profit | ₹40.95 lakhs | ₹102.19 lakhs | -59.9% |
Segment-wise Performance
The company operates through two primary business segments. The Music Segment generated revenue of ₹7.49 lakhs in Q3FY26 compared to ₹9.61 lakhs in the corresponding quarter of the previous year. The Finance & Investment Segment contributed ₹21.39 lakhs in other income during the quarter.
For the nine-month period, the Music Segment recorded revenue of ₹32.00 lakhs against ₹35.38 lakhs in the previous year, while the Finance & Investment Segment generated ₹64.18 lakhs compared to ₹191.38 lakhs in the corresponding period.
Financial Position and Ratios
The company maintained its equity base with paid-up equity share capital of ₹2,885.84 lakhs, consisting of shares with a face value of ₹10.00 each. Other equity stood at ₹990.02 lakhs as of December 31, 2025, compared to ₹918.39 lakhs in the previous year.
Earnings per share for the quarter was ₹0.04 compared to ₹0.07 in Q3FY25. For the nine-month period, EPS declined to ₹0.14 from ₹0.35 in the corresponding period of the previous year.
Regulatory Compliance
The financial results were reviewed by the company's statutory auditors, Rajesh Kumar Gokul Chandra & Associates, who provided a limited review report. The results were approved by the Board of Directors in their meeting held on February 10, 2026, and submitted to BSE Limited in compliance with Regulation 33 of SEBI LODR Regulations, 2015.
Historical Stock Returns for JMD Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.97% | +4.97% | -2.90% | -4.68% | -42.42% | +160.27% |
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